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Guavy AI Editorial Team••Sentiment: -2.5•Clout: 45

Address Faces $48.78 Million Loss from Major Crypto Shorts

BTCSOL

A recent on-chain analysis revealed that an address is shorting major crypto assets worth $48.78 million, according to data from @ai_9684xtpa.

The address in question has opened positions with a total unrealized loss of $644,000 at 20x leverage.

The largest position is in Bitcoin (BTC), with the address shorting 430.63 coins worth around $27.83 million, opening price $63,849, and current unrealized loss $345,000.

An additional significant position is held in Solana (SOL) with 181,245.04 coins worth approximately $13.48 million, opening price $73.351, and current unrealized loss $197,000.